Many industries and cities in the United States still have a long way to go to resume operations, according to a speech by Raphael Bostic, 15th President of the US Federal Reserve Bank.
The Covid-19 pandemic has caused many Americans to lose their jobs, and one of the main policies of the new US President Biden is also to strengthen the stimulus for the US economic recovery.
The steel market expected the Senate to pass the bill very soon, with the latest stimulus totaling about $ 1.9 trillion.
According to the foreign exchange market, on February 1, the value of the US dollar rose sharply, which rose 0.37% over the day, reaching a six-week peak.
According to some market assessments, the rate of recovery of the US economy may be faster than in other countries, due to the leading speed of vaccinations, which pushed the global funds to place their assets in US dollars.
Fed: US economy needs additional stimulus
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Azovpromstal® 2 February 2021 г. 11:24 |
